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Equity Crowdfunding (ECF) as A Financial Solution for MSMEs During The Covid-19 Pandemic: An Interdisciplinary Analysis: An Interdisciplinary Analysis Afra Hanifah Prasastisiwi; Qonita Luthfia Alimah; Derajad Sulistyo Widhyharto
East Java Economic Journal Vol. 5 No. 1 (2021)
Publisher : Kantor Perwakilan Bank Indonesia Provinsi Jawa Timur

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (467.217 KB) | DOI: 10.53572/ejavec.v5i1.63

Abstract

The COVID-19 pandemic has resulted in vulnerable conditions for MSMEs, including the funding aspect. As the largest contributor to the East Java economy, MSMEs must receive more protection, one of which is by selecting the right alternative capital. By combining the results of a literature study and interviewing informants, this paper describes alternative funding solutions as an effort to recover the economy during the pandemic. The results of the interdisciplinary analysis found that the proper alternative funding for MSMEs was Equity Crowdfunding (ECF). ECF is able to attract investors who have both economic and social intentions. Both intentions are considered equally important with the purpose of this alternative funding, namely to establish protection in the capital aspect for MSMEs. In addition, ECF currently has many potentials, especially considering the popularity of millennial investment trends and “hijrah financial”—financial migration to the sharia economy—among Indonesian people. Juxtaposed with the results of interviews, the interdisciplinary analysis is expected to describe the real situation of economic conditions in East Java. Then the output produced by this paper will be in the form of suggestions for MSMEs and the government regarding the use, development, and provision of education related to ECF.
Mengubah Kelemahan Menjadi Kekuatan: Memantik Kepekaan dan Budaya Baru Pengelolaan Sampah pada Kaum Muda Derajad Sulistyo Widhyharto; Elvin Wahyu Wardhana; Stefanus Fajar Setyawan
Jurnal Pengabdian, Riset, Kreativitas, Inovasi, dan Teknologi Tepat Guna Vol 1 No 2 (2023): November
Publisher : Direktorat Pengabdian kepada Masyarakat

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.22146/parikesit.v1i2.9612

Abstract

Ineffective waste management in the Special Region of Yogyakarta, coupled with weak community involvement, has led to protests and the closure of the Integrated Waste Management Facility (TPST). The government is actively seeking solutions by allocating specific land, fostering interregional cooperation, and providing waste sorting facilities for the public. However, waste management appears to be trapped in a vicious cycle due to the neglect of the community's role as a key stakeholder. This article bridges the gap between circular economy knowledge and waste management practices through youth involvement. The Youth Studies Center at Gadjah Mada University collaborates with entities such as Bank Sampah Tinalan, Daur Resik, Sawo Kecik, and DNVB Indonesia, engaging students from SMP Negeri 9 and SMA Negeri 5 in Yogyakarta in a campaign titled "Pilah.id." Using the action research method supported by the UGM DPkM 2021/2022 Community Service Grant, this program engages students from SMPN 9 and SMAN 5 Yogyakarta in self-managing waste. Post-action research surveys revealed that 85.7% of students actively engage in waste management after participating in the Pilah.id program, with 75% of them not utilizing local waste banks. While participants demonstrate a strong understanding of waste sorting, their involvement in local waste banks remains limited, highlighting the need for increased support and capacity building for these local waste banks.